EEMO vs. AVES
Compare and contrast key facts about Invesco S&P Emerging Markets Momentum ETF (EEMO) and Avantis Emerging Markets Value ETF (AVES).
EEMO and AVES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EEMO is a passively managed fund by Invesco that tracks the performance of the S&P Momentum Emerging Plus LargeMidCap Index. It was launched on Feb 24, 2012. AVES is an actively managed fund by American Century Investments. It was launched on Sep 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EEMO or AVES.
Correlation
The correlation between EEMO and AVES is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EEMO vs. AVES - Performance Comparison
Key characteristics
EEMO:
0.19
AVES:
0.51
EEMO:
0.34
AVES:
0.78
EEMO:
1.05
AVES:
1.10
EEMO:
0.12
AVES:
0.56
EEMO:
0.62
AVES:
1.39
EEMO:
4.60%
AVES:
5.38%
EEMO:
15.13%
AVES:
14.80%
EEMO:
-48.46%
AVES:
-27.40%
EEMO:
-21.43%
AVES:
-8.14%
Returns By Period
In the year-to-date period, EEMO achieves a -2.06% return, which is significantly lower than AVES's 2.51% return.
EEMO
-2.06%
-0.98%
-6.71%
2.15%
1.36%
1.31%
AVES
2.51%
3.29%
-1.40%
5.88%
N/A
N/A
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EEMO vs. AVES - Expense Ratio Comparison
EEMO has a 0.31% expense ratio, which is lower than AVES's 0.36% expense ratio.
Risk-Adjusted Performance
EEMO vs. AVES — Risk-Adjusted Performance Rank
EEMO
AVES
EEMO vs. AVES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Emerging Markets Momentum ETF (EEMO) and Avantis Emerging Markets Value ETF (AVES). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
EEMO vs. AVES - Dividend Comparison
EEMO's dividend yield for the trailing twelve months is around 2.63%, less than AVES's 3.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEMO Invesco S&P Emerging Markets Momentum ETF | 2.63% | 2.57% | 3.65% | 3.82% | 1.51% | 1.53% | 2.13% | 13.11% | 5.13% | 1.55% | 2.92% | 2.35% |
AVES Avantis Emerging Markets Value ETF | 3.99% | 4.09% | 3.96% | 3.70% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EEMO vs. AVES - Drawdown Comparison
The maximum EEMO drawdown since its inception was -48.46%, which is greater than AVES's maximum drawdown of -27.40%. Use the drawdown chart below to compare losses from any high point for EEMO and AVES. For additional features, visit the drawdowns tool.
Volatility
EEMO vs. AVES - Volatility Comparison
Invesco S&P Emerging Markets Momentum ETF (EEMO) has a higher volatility of 4.42% compared to Avantis Emerging Markets Value ETF (AVES) at 3.05%. This indicates that EEMO's price experiences larger fluctuations and is considered to be riskier than AVES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.